Here’s why you cable company wants to be your wireless carrier
Comcast and Charter announced this morning that they have struck a deal to avoid mergers or acquisitions in the wireless space unless both sides agree to the move. Both companies are planning to launch wireless offerings, piggybacking off Verizon’s infrastructure to act as a “mobile virtual network operator,” or MVNO. Left unsaid was the possibility that this duo might look to acquire or combine with T-Mobile or Sprint to create a company that can offer cable television alongside broadband and wireless internet.
So why are cable companies suddenly interested in being wireless providers? There are a couple of answers to this question. First, the coming of 5G wireless is tying the two technologies together. MoffettNathanson Research…
